International Paper

International Paper (IP) is a diversified, global company with manufacturing operations in the western hemisphere, Europe, Asia and Africa. Its operations include carbon sequestration and coal production. It is also the largest forest products company in the world, and owns half a million acres of land in the U.S. and owns or has harvesting rights to almost a million acres in Brazil and Russia.

Coal
IP retains considerable interest in coal and lignite deposits throughout the Gulf Coast coal basin. According to IP, ±330,000 gross mineral acres and ±1 billion net tons producable lignite have been estimated to be held within its deposits throughout the states of Alabama, Arkansas, Louisiana, Mississippi, Texas, and Washington.

Carbon Sequestration
IP owns carbon dioxide (CO2) geo-sequestration rights on roughly 3mm acres throughout the south-central and southeastern U.S. According to the IP website, "IP Mineral Resources has identified some 4.7 million (gross) company controlled acres within the Gulf Coast Coal basin alone that, based on sub-surface electric logs, appear to offer good geologic potential for both CO2 Sequestration and/or CBM production, or both. Thus far IP Mineral Resources has leased some 200,000 of these acres that are currently being explored for commercial CBM production." IP "is interested in industry or government research and development that could lead to use of these extensive holdings as a proving ground for further CO2 sequestration opportunities."

Political contributions
The International Paper political action committee gave $313,999 to federal candidates in the 2006 election cycle - 14% to Democrats, 86% to Republicans.

Lobbying
The company spent $2,620,000 for lobbying in 2006. $200,000 went to lobbying firm Capitol Tax Partners with the remainder being spent using in-house lobbyists.

International Paper is a member of Mail Moves America, a pro-junk mail front group set up by the Direct Marketing Association to oppose legislated "Do Not Mail" lists that would give consumers the option of declining to receive junk mail. International Paper also set up its own pro-junk mail activism web site, IP Moves the Mail, which facilitates pro-junk mail activism through contact with legislators.

Board
Accessed May 2010:


 * John V. Faraci - Chairman and Chief Executive Officer, International Paper
 * David J. Bronczek - President and Chief Executive Officer, FedEx Express
 * Lynn Laverty Elsenhans - Chairman, Chief Executive Officer and President, Sunoco, Inc.
 * Samir G. Gibara - Retired Chairman and Chief Executive Officer, Goodyear Tire & Rubber Company
 * Stacey J. Mobley - Senior Counsel, Dickstein Shapiro LLP
 * John L. Townsend III - Former Managing Director, Goldman, Sachs & Co.
 * John F. Turner - Former Assistant Secretary of State
 * William G. Walter - Chairman, FMC Corporation
 * Alberto Weisser - Chairman and Chief Executive Officer, Bunge Limited
 * J. Steven Whisler - Retired Chairman and Chief Executive Officer, Phelps Dodge Corporation

Personnel (2007)
Selected executives:
 * John V. Faraci, Chairman and Chief Executive Officer
 * Newland A. Lesko, Executive Vice President
 * Marianne M. Parrs, Executive Vice President and Chief Financial Officer

Selected board members:
 * David J. Bronczek, President and Chief Executive Officer, FedEx Express
 * Samir G. Gibara, Retired Chairman and Chief Executive Officer, Goodyear Tire & Rubber Company
 * John F. Turner, Former Assistant Secretary of State

Contact details
International Paper 6400 Poplar Ave. Memphis, TN 38197 Phone: 901-419-7000 Fax: 901-214-9682 Web: http://www.ipaper.com

Related Sourcewatch

 * Frederick R. Kappel - former chair (1969-71)